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FIFA: 5 clubs skewed $3.7BN trade market in 2013 - 0 Comments

GENEVA — Just five football clubs spent almost a quarter of the $3.7 billion splurged on international transfer deals processed by FIFA in 2013.

Monaco, Paris Saint-Germain, Manchester City, Tottenham and Real Madrid spent $828 million in cross-border trades, according to figures published Wednesday by FIFA which clears such deals only when both clubs involved file mandatory financial details.

The market peaked with Madrid's world record 100 million euros ($132 million) buy of Gareth Bale from Tottenham last August.